Advertisement
UK markets closed

  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     

  • FTSE 250

    20,164.54
    +112.24 (+0.56%)
     

  • AIM

    771.53
    +3.42 (+0.45%)
     

  • GBP/EUR

    1.1669
    +0.0017 (+0.14%)
     

  • GBP/USD

    1.2584
    +0.0038 (+0.30%)
     

  • Bitcoin GBP

    50,885.03
    +108.83 (+0.21%)
     

  • CMC Crypto 200

    1,376.36
    +63.74 (+4.86%)
     

  • S&P 500

    5,158.57
    +30.78 (+0.60%)
     

  • DOW

    38,818.20
    +142.52 (+0.37%)
     

  • CRUDE OIL

    78.80
    +0.69 (+0.88%)
     

  • GOLD FUTURES

    2,335.70
    +27.10 (+1.17%)
     

  • NIKKEI 225

    38,236.07
    -38.03 (-0.10%)
     

  • HANG SENG

    18,578.30
    +102.38 (+0.55%)
     

  • DAX

    18,128.46
    +126.86 (+0.70%)
     

  • CAC 40

    7,993.99
    +36.42 (+0.46%)
     

No mass exodus of finance jobs from London, says Brexit minister

Reuters - UK Focus

LONDON, April 12 (Reuters) - Britain's vast financial services industry will emerge largely unscathed from Brexit and the sector will suffer far fewer job losses than first feared, the Brexit minister David Davis said on Thursday.

"There is not going to be a mass migration, the critical mass is still going to be here," Davis told a conference in London.

"The reason that the City is the biggest and most successful financial centre in the world, not just in Europe, is it is not just Europe, it' about the mass of skills, the business environment here, it's about the reliability of tax law."

(Reporting By Andrew MacAskill, editing by Estelle Shirbon)